Chuck Prince Discovers the Housing Slump
An amusing Bloomberg article details the difficulties that former Citigroup Inc. CEO Chuck’ Prince III is having selling hios...
Read It Here First: Half of Wall St. Profits Are Gone (So Far)
Last year, we looked at the issue of risk adjusted gains for the S&P500, and most especially for the Financial sector. At the time,...
How Did Lehman Delever?
Naked Capitalism looks at the question "Just How Did Lehman Delever?" I tracked Lehman’s (LEH) stock action before and...
Washington Post: Boom, Bust & Aftermath Part II
> Part II of the WaPo Real Estate & Credit series we mentioned yesterday is out today. A few excerpts after the jump will give you...
Washington Post: Boom, Bust & Aftermath
Following last week’s absurdity (WashPost Blames HUD for Housing/Credit Crisis), the Washington Post pays penance with a 3 part...
Future of Financials
As investment banks look to raise new capital and calm the turbulent waves they’ve been riding, the recovery is far from soon, says...
NY Fed Pres Geithner on Credit Crisis
Today, there is a meeting at the NY Fed of 17 firms this afternoon to discuss changes in "Derivative Infrastructure" and Credit...
Sell Rating on Brokers
Note: This was written Sunday, and scheduled to post later this week — but given the Lehman news, its more timely this AM: >We...
Gasparino vs Einhorn, Kohn & Ritholtz
We have a rugby scrum! ProBanks, ProLehman: Dick Fuld (Lehman CEO), Charlie Gasparino (CNBC), Doug Kass (Seabreeze Partners), Thomas...